AED 525,000
Own this from just
2,159 AED/monthStudio
1 Bathroom
302 sqft / 28 sqm
APARTMENT FOR SALE IN PARK LANE TOWER, BUSINESS BAY- Studio Apartment
- 1 Bathroom
- Fully Furnished
Park Lane Tower is a mixed-use project in Business Bay offering residential and commercial properties. The tower is located close to a five-star hotel as well as retail and entertainment facilities. There are a total of 208 units. The West Wing comprises 1-bedroom suites, deluxe rooms, junior suites and standard suites, while the East Wing has commercial spaces.
Developed by KM Properties, Park Lane Tower is a joint venture of Terry Farrell and Partners. The iconic tower is their second property in Dubai, where the hotel starts from the 20th floor. It is located right next to the Armani Hotel. The 150-metre tower has two parts, one is commercial and the other is a hotel. The commercial section is from floors 1 to 17, and floors 19 to 33 are part of the hotel.
The community is a busy residential and professional hub located along the Dubai Canal. There are plenty of residential options in Business Bay.
Fully Furnished Hotel Apartment | Motivated Seller
- 1 Bathroom
- Fully Furnished
Park Lane Tower is a mixed-use project in Business Bay offering residential and commercial properties. The tower is located close to a five-star hotel as well as retail and entertainment facilities. There are a total of 208 units. The West Wing comprises 1-bedroom suites, deluxe rooms, junior suites and standard suites, while the East Wing has commercial spaces.
Developed by KM Properties, Park Lane Tower is a joint venture of Terry Farrell and Partners. The iconic tower is their second property in Dubai, where the hotel starts from the 20th floor. It is located right next to the Armani Hotel. The 150-metre tower has two parts, one is commercial and the other is a hotel. The commercial section is from floors 1 to 17, and floors 19 to 33 are part of the hotel.
The community is a busy residential and professional hub located along the Dubai Canal. There are plenty of residential options in Business Bay.
Property details
Property Type
Apartment
Property Size
302 sqft / 28 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Central A/C
Shared Pool
Security
Covered Parking
View of Landmark
Shared Gym
Lobby in Building
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in Park Lane Tower
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 1 Jul 2024 | 608,800 | 359 |
| 20 May 2024 | 1,250,000 | 321 |
| 23 Nov 2023 | 610,679 | 309 |
| 22 Nov 2023 | 586,758 | 321 |
| 22 Aug 2023 | 702,223 | 298 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
 There are no transactions to display | ||
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This property costs 52% less than the average price of studio bedroom in Business Bay
Average Sale Price is 1,093,020 AED
This property is 39% smaller than the average size of studio bedroom in Business Bay
Average size is 494 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
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Experience
12 years
Closed Deals
8
Languages
English,Arabic,Urdu
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Monthly payment
2,159 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
101000154392
Listed
24 days ago
Broker License
36700
Zone name
Business Bay
DLD Permit Number:
7117424372
Agent License
44039
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